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Restaurant Brands International (QSR) Operating Leases (2016 - 2025)

Restaurant Brands International (QSR) has disclosed Operating Leases for 13 consecutive years, with $1.9 billion as the latest value for Q4 2025.

  • On a quarterly basis, Operating Leases rose 7.34% to $1.9 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $1.9 billion, a 7.34% increase, with the full-year FY2025 number at $1.9 billion, up 7.34% from a year prior.
  • Operating Leases was $1.9 billion for Q4 2025 at Restaurant Brands International, up from $1.8 billion in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $1.9 billion in Q4 2025 to a low of $1.0 billion in Q3 2022.
  • A 5-year average of $1.3 billion and a median of $1.1 billion in 2021 define the central range for Operating Leases.
  • Peak YoY movement for Operating Leases: dropped 5.12% in 2023, then soared 76.97% in 2024.
  • Restaurant Brands International's Operating Leases stood at $1.1 billion in 2021, then decreased by 4.02% to $1.0 billion in 2022, then grew by 3.12% to $1.1 billion in 2023, then surged by 67.14% to $1.8 billion in 2024, then increased by 7.34% to $1.9 billion in 2025.
  • Per Business Quant, the three most recent readings for QSR's Operating Leases are $1.9 billion (Q4 2025), $1.8 billion (Q3 2025), and $1.8 billion (Q2 2025).